NIBC HOLDING - Daily - Technical analysis published on 01/17/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
NIBC HOLDING Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 7.60 EUR
My targets
8.11 EUR (+4.11%)
8.98 EUR (+15.28%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NIBC HOLDING as long as the price remains well above 7.60 EUR. The buyers” bullish objective is set at 8.11 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.98 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
9.1
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay.
Additional analysis
Quotes
The NIBC HOLDING rating is 7.79 EUR. On the day, this instrument gained +0.52% and was traded between 7.75 EUR and 7.84 EUR over the period. The price is currently at +0.52% from its lowest and -0.64% from its highest.7.75
7.84
7.79
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NIBC HOLDING:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of NIBC HOLDING indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.13 | 7.42 | 7.60 | 7.79 | 7.82 | 8.11 | 8.98 |
| Change (%) | -8.47% | -4.75% | -2.44% | - | +0.39% | +4.11% | +15.28% |
| Change | -0.66 | -0.37 | -0.19 | - | +0.03 | +0.32 | +1.19 |
| Level | Intermediate | Minor | Intermediate | - | Major | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.56 | 7.64 | 7.69 | 7.77 | 7.82 | 7.90 | 7.95 |
| Camarilla | 7.71 | 7.73 | 7.74 | 7.75 | 7.76 | 7.77 | 7.79 |
| Woodie | 7.56 | 7.63 | 7.69 | 7.76 | 7.82 | 7.89 | 7.95 |
| Fibonacci | 7.64 | 7.69 | 7.72 | 7.77 | 7.82 | 7.85 | 7.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.27 | 7.39 | 7.44 | 7.56 | 7.61 | 7.73 | 7.78 |
| Camarilla | 7.45 | 7.47 | 7.48 | 7.50 | 7.52 | 7.53 | 7.55 |
| Woodie | 7.25 | 7.37 | 7.42 | 7.54 | 7.59 | 7.71 | 7.76 |
| Fibonacci | 7.39 | 7.45 | 7.49 | 7.56 | 7.62 | 7.66 | 7.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.64 | 6.83 | 7.17 | 7.36 | 7.70 | 7.89 | 8.23 |
| Camarilla | 7.37 | 7.42 | 7.47 | 7.52 | 7.57 | 7.62 | 7.67 |
| Woodie | 6.73 | 6.87 | 7.26 | 7.40 | 7.79 | 7.93 | 8.32 |
| Fibonacci | 6.83 | 7.03 | 7.15 | 7.36 | 7.56 | 7.68 | 7.89 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 66.90 | |
| MACD (12,26,9): | 0.1100 | |
| Directional Movement: | 19.34 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 7.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.45 | |
| Elder Ray (13): | 0.20 | |
| Super Trend (3,10): | 7.39 | |
| Zig ZAG (10): | 7.79 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 87.83 | |
| TEMA (21): | 7.74 | |
| Williams %R (14): | -10.00 | |
| Chande Momentum Oscillator (20): | 0.27 | |
| Repulse (5,40,3): | 0.6700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1900 | |
| Courbe Coppock: | 6.49 |
| MA7: | 7.62 | |
| MA20: | 7.52 | |
| MA50: | 7.35 | |
| MA100: | 7.31 | |
| MAexp7: | 7.66 | |
| MAexp20: | 7.53 | |
| MAexp50: | 7.41 | |
| MAexp100: | 7.40 | |
| Price / MA7: | +2.23% | |
| Price / MA20: | +3.59% | |
| Price / MA50: | +5.99% | |
| Price / MA100: | +6.57% | |
| Price / MAexp7: | +1.70% | |
| Price / MAexp20: | +3.45% | |
| Price / MAexp50: | +5.13% | |
| Price / MAexp100: | +5.27% |
This member declared not having a position on this financial instrument or a related financial instrument.
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